Spam Pays Off for Minnesota Library

Spam, i.e., the product responsible for the success of the Hormel Foods Corp., is also responsible for a windfall for the Austin (MN) Public Library. An anonymous donor gave 300 shares of Hormel stock to the library this month.

Library Director Ann Hokanson said the stocks were sold for $12,000 and placed in the gifts and memorial account. The board will decide how to use the money, said Hokanson. The Post Bulletin reports.